“As you look at the cost differentials, and with technology making it
easier to do things from remote locations, firms plan to have fewer
people here.”

That’s telecommuting writ large!

Corlyss

Remote locations don’t necessarily mean working at home. In the feds, it often means strategically located satellite offices that have many of the same disadvantages for workers as working at the main office. All they save is commuting time and distance. But they ARE NOT the telecommuting ideal, i.e., working at home.

free_agent

BTW, I don’t know if it is happening to anyone else, but all the ads on this site that I see in the last few days are from “The Coalition to Protect America’s Health Care”, with the slogan, “When will *you* feel the impact of hospital cuts?” (To which I answer, “When I pay my next insurance premium!”) But the contrast between lobbying to keep the hospitals’ gravy train running and TAI’s discussion of the US health-care economy is *interesting* to say the least…

S.C. Schwarz

I don’t understand the problem. DeBlasio’s key objective is to reduce inequality, isn’t it? If lots of high paying jobs move away, inequality will drop. Isn’t that a good thing?

michaelj68

These aren’t the high flying big bonus jobs leaving NYC. These are the last of the private sector middle class jobs in NYC metro that will be sent off shore. They are not even leaving for say Des Moines but leaving the US entirely.

Corlyss

[g] Are you a writer for Zach Galifianakis?

Boritz

A. “One of the most controversial pieces of de Blasio’s agenda is his plan
to hike taxes on the city’s highest earners to pay for generous social
programs.”

B. One of the most controversial pieces of de Blasio’s agenda is his plan
to cut taxes on the city’s highest earners in conjunction with cuts to social
programs.

Which of these would really be the more controversial in NY?

Corlyss

I’ve long hoped the entire industry would move to North Carolina or better yet, Texas.

Jacksonian_Libertarian

So many of America’s great cities are being destroyed by the Leftists, they drive out the industries that built them, Detroit drove away the auto industry, New York is driving out the investment banks, LA is driving out the movie industry, Chicago is killed the steel and meat packers, everywhere you look the blue leftist big government model is destroying the future.

Bruce

This is justice, although it will impose a hardship on people that would like to stay. Why the populace can’t figure out what these blue policies do to cities is inexplicable. We will be happy to take them here in Texas, as long as they don’t bring their voting patterns with them.